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Report: Bitcoin Now Main Method of International Payment, Overtakes Visa, PayPal
- verdverm 8y agoVery misleading title and abstract. How does one know which BC transactions are international vs domestic? Compared node count to data center, apples and oranges, how many computers are in each data center? Visa, MC are still much more dominant
- andirk 8y agoI thought it was an Onion article headline.
- schoen 8y agoThe significance of this metric is questionable because transferring money to yourself (for example, from one device to another) counts as a transaction here. Financial transactions with Visa or PayPal are more likely to be transfers of value from one person or organization to another. It's unlikely that Bitcoin is used for a larger total amount of person-to-person payments than these other systems.